Zenith Energy Ltd. , the international energy production and development company, is pleased to announce the publication of its independently audited annual financial results for the financial year ended March 31, 2024 . A copy of the Annual Report is available for review on the Company's website: www.zenithenergy.ca Key Highlights The Group generated revenues from oil and natural gas production activities of CAD$1,788K [...]
Zenith Energy Ltd. , the listed international energy production and development company, provides an update regarding the international arbitration proceedings it has initiated against the Republic of Tunisia and ETAP, the national oil company of the Republic of Tunisia. ICC Arbitration against ETAP - As last announced on November 1, 2023, Ecumed Petroleum Zarzis Ltd , a fully owned subsidiary of Zenith registered in [...]
Zenith Energy Ltd. , the listed international energy production and development company, is pleased to announce the full completion of an acquisition in Italy, as well as providing an update on its Italian energy production portfolio. Acquisition of additional stake in Sant'Andrea natural gas production concession The Company is pleased to announce that it has acquired, and received the necessary final regulatory [...]
Zenith Energy Ltd. , the listed international energy production and development company with a focus on opportunities in Central Asia and the USA, is pleased to announce that it has completed private placement in the United Kingdom , and in Norway . The Financings have attracted the participation of existing institutional investors, including Premier Miton Investors, as well two Directors, Mr. Andrea Cattaneo and Mr. Luca [...]
Zenith Energy Ltd. , the listed international energy production and development company with a focus on opportunities in Central Asia and the US, is pleased to provide an update regarding the development of Cyber Apps World Inc. , a U.S. listed company of which Zenith acquired majority control by way of a Securities Purchase Agreement in August 2023, and the Company's previously announced business development activities [...]
Zenith Energy Ltd. ,the listed international energy production and development company with a focus on opportunities in Central Asia and the USA, is pleased to publish its consolidated half-yearly unaudited financial results for the six months ended September 30, 2023 . The Interim Results will shortly be published on the Company's website and filed on the FCA National Storage Mechanism. Highlights Highlights for the six [...]
Zenith Energy Ltd. ,the listed international energy production and development company with a focus on opportunities in Central Asia and the USA, is pleased to announce the conditional acquisition of an initial 50% of the shares and voting rights in Devonian Petroleum Limited , a private oil company registered in the United Kingdom, for a total investment in cash and in kind presently assessed at approximately 5 million [...]
Zenith Energy Ltd. , the listed international energy production and development company, announces that its fully owned subsidiary, Canadian North Africa Oil and Gas Limited has initiated an ICC arbitration case seated in Paris against the Republic of Tunisia . Background As announced by the Company on November 22, 2021, Zenith Overseas Assets Holdings Ltd , a fully owned subsidiary of Zenith, entered into a share [...]
Zenith Energy Ltd. , the listed international energy production and development company, is pleased to announce that, as it is now in the advanced stage of finalising terms for the potential acquisition of oil production and development assets, it has incorporated a subsidiary in the Republic of Kazakhstan, named Zenith Munay LLP. With reference to the three memorandums of understandings announced to the market during the [...]
Zenith Energy Ltd. , the listed international energy production and development company, is pleased to announce that the ICC appointed Arbitral Tribunal for the arbitration claims launched against Entreprise Tunisienne d'Activités Pétrolières , the national oil company of the Republic of Tunisia , has rejected ETAP's request to include the Tunisian State as co-defendant and ordered ETAP to pay approximately EUR 120,000 in [...]
Zenith Energy Ltd. , the listed international energy production and development company, is pleased to announce that it has signed a Memorandum of Understanding with Nile Services and Logistics Company Ltd in the Republic of South Sudan. MoU Highlights Nile SLC is a subsidiary of Nile Petroleum Corporation, the national oil company of South Sudan. The objective of the MoU is to formalise the shared interest of Nile SLC [...]
Zenith Energy Ltd. , Zenith Energy Ltd. , the international energy production and development company, announces that it has initiated an ICC arbitration case seated in Paris, France against Entreprise Tunisienne d'Activités Pétrolières , the national oil company of the Republic of Tunisia . Background On July 10, 2023, the Company announced that it had successfully obtained a "conservative seizure" for an amount [...]